State and Local Economic Stimulus Act

[AI summary unavailable — showing source text] State and Local Economic Stimulus Act - Makes FY2009 appropriations to the Secretary of the Treasury to award one-time revenue grants to state governments for themselves as well as for redistribution to local governments. Sets forth a schedule for allotments based upon relative population and Tier-1 and Tier-2 unemployment rates. Requires a state or local government to use such funds to: (1) provide essential government services; (2) cover the costs of complying with any federal intergovernmental mandate for which the federal government has not provided funds; or (3) compensate for a decline in federal funding.…